Slashdot Mirror


Google IPO Swami

The Google IPO Swami writes: "I'm running an experiment and Slashdot readers would be good contributors. As you may know, Google recently announced that they will be using a unique dutch auction structure to price shares of their IPO. Instead of having the underwriters determine the opening price, the price will be set by the demand of investors that register to participate. I'm interested in how well the public can estimate this demand and the price of the shares to be offered. I'm giving away free shares in Google to find out. The person that comes closest to estimating the opening and closing price of the stock on the IPO date will win shares in the company."

19 of 255 comments (clear)

  1. I'm sure to win this by Anonymous Coward · · Score: 5, Funny

    Martha Stewart has some "special" information she passed in to me.

  2. Re:euhm ... by skasingularity · · Score: 5, Funny
    Is that all google is to you? $80?

    NO GMAIL FOR YOU!

  3. Dear Slashdot by Seraphim_72 · · Score: 5, Funny

    I have a get rich quick scheme and I need your help. Those helping me can be at the bottom of my pyramid scheme, and will get millions of dollars, 3" of wang and all the heart meds you can count with a Cray. Just invoke my ip and I will make you a nigerian just for clicking. I promise....really

    --
    Slashdot, where armchair scientists get shouted down and armchair theologians get modded up.
    1. Re:Dear Slashdot by Hard_Code · · Score: 2, Funny

      Excellent. I happen to be a member of a board of a charitable foundation which invests in pyramid schemes. Please, sir, kindly send me a picture of your crew with miniature bridge sculptures balanced on their heads (this is important as it will show proof to the Troll Charitable Donation Foundation of your commitment), and I will wire the money as soon as possible!

      --

      It's 10 PM. Do you know if you're un-American?
  4. According to Wikipedia estimates by Anonymous Coward · · Score: 1, Funny

    Google will have an IPO value of $100!

  5. Re:Dutch by softspokenrevolution · · Score: 2, Funny

    How about a Dutch oven...

  6. Re:HOW MANY shares? by Anonymous Coward · · Score: 1, Funny

    Good question. The contest is modelled on the standard "how many jellybeans in a jar", where the traditional prize for being closest to the correct number is the jar full of jellybeans itself. Thus the reward is the total number of shares available in Google. Seems worth a guess anyway.

  7. Obviously... by HedonismBot · · Score: 4, Funny

    The answer is $42. 42 is always the answer.

    --
    Sailors. Oh man!
  8. Prediction by Anonymous Coward · · Score: 5, Funny

    Opening Price: 75cents

    MiddayHigh: 150 dollars.

    Closing Price: 25 cents.

  9. Google by Anonymous Coward · · Score: 2, Funny

    Opening: eleventy-billion
    Closing: $Texas

  10. Great idea! by Anonymous Coward · · Score: 1, Funny

    Great idea! And you're a great guy!

    I'm going to send you my 19 day old P-P-P-Powerbook as thanks!

    -Jeff

  11. Re:First and Last by atheken · · Score: 2, Funny

    My GUESS...

    more like $80 opening, $40 closing by the end of the first week of Google trading, mid $20s, where it will stablize.. Or, if we geeks have anything to say about it... $60.22 (think about it...) or $31.415 (decimals shifted to adjust to a possible real world value of G00G stock.) This is like a dotcom, but they have been "developing" for a bit longer, so they might not crash 'n burn maybe.

  12. sounds like a scam.... by axonal · · Score: 2, Funny

    Dear Sir. Your contact information was referred to me by one of my trusted contacts, whose name I am not at liberty to compromize. I would like to approach you with reguards to a profitable Business Proposal, reguarding the transfer of TEN MILLION SHARES OF GOOGLE STOCK. For reasons I am sure you will appreciate, I ask that you keep this commucation confidential, and avoid it falling into the hands of any agents of the Nigerian Secret Police that may be operating in Your area. My name is Mabwano DeLacroix, and I am the Son of Sir LARRY PAGE, the recently Removed from Power Chairman of GOOGLE. If you have been following the events on Slashdot over the last few years, you will remember the big scandal that took place when Sir PAGE was imprisoned for alleged crimes against SCO without standing a trial.

  13. The un-PC point of view in re: Google IPO by mosel-saar-ruwer · · Score: 5, Funny

    I submitted this a while back, and it was predictably rejected, but if you really care about the Google IPO, take a gander at this article:
    The Bear's Lair: The Google gross-out
    Martin Hutchinson
    UNITED PRESS INTERNATIONAL
    May 5, 2005

    ...This is all just an everyday story of tech company greed, of course -- it makes you pity the poor fools who buy the issue on a $25 billion valuation (unless they're lucky enough to sell out fast to even greater -- and soon poorer -- fools.) Of course, their chances of selling out for a quick profit, usually pretty good in a tech sector IPO, are negated in this one because Google has chosen to throw out nearly 300 years of equity market wisdom (the South Sea Bubble share issues in 1720 were done the Wall Street way, and not Google's way) and offer shares by means of a "Dutch auction"...

    Indeed, there's something uniquely unpleasant in the hippie rhetoric with which Google surrounds its activities. "We aspire to make Google an institution that makes the world a better place" we are told in the early part of the S-1 statement (the only part that many journalists appear to have read!) "Google is not a conventional company" ... and, in an inspired moment of Bill-and-Ted-speak "Don't be evil.."

    http://washingtontimes.com/upi-breaking/20040505-1 14352-5040r.htm

  14. Re:Who knows? by tunah · · Score: 4, Funny
    /wonders if a few minutes to write the script is worth it for a few shares...

    Well, that depends how much you think the shares will be worth...

    --
    Free Java games for your phone: Tontie, Sokoban
  15. Next stor ies by jdkane · · Score: 3, Funny
    Possible follow-up stories on Slashdot ...

    1. An unprecendented number of Slashdot geeks have started receiving massive amounts of spam after signing up for free Google shares. The email-harvesting www.googleiposwami.co seemed to be endorsed by /. editors by way of posting the article.

    2. And in other /. news ... /. editors use spam techniques to make money from their subscriber base. CowboyNeal could not be reached at his new off-shore resort for comment.

  16. U idiots.... by Anonymous Coward · · Score: 1, Funny

    Why does slashdot post up garbage like this? I saw that the site wasn't affiliated with Google, After I signed up, because you retards linked straight to the survey.

    My email address is going to be usless now, u fuckwads.

  17. The Stuff DREAMS are made of... by Mulletproof · · Score: 4, Funny

    Google Corp.
    Lagos, Nigeria.

    Attention: The President/CEO
    Confidential Business Proposal

    Dear Sir,

    Having consulted with my colleagues and based on the information gathered from the Nigerian Chambers Of Commerce And Industry, I have the privilege to request your assistance to transfer the sum of $2,700,000,000 (two billion, seven hundred million United States dollars) into your accounts. The above sum resulted from an over-invoiced contract, executed, commissioned and paid for about five years (5) ago by a foreign contractor. This action was however intentional and since then the fund has been in a suspense account at The Central Bank Of Nigeria Apex Bank.

    We are now ready to transfer the fund overseas and that is where you come in. It is important to inform you that as civil servants, we are forbidden to operate a foreign account; that is why we require your assistance. The total sum will be shared as follows: 70% for us, 25% for you and 5% for local and international expenses incidental to the transfer.

    The transfer is risk free on both sides via a process known as 'Dutch Auction' I am an accountant with the Nigerian National Search Engine Corp. If you find this proposal acceptable, we shall require the following documents:

    (a) your banker's name, telephone, account and fax numbers.

    (b) your private telephone and fax numbers ? for confidentiality and easy communication.

    (c) your letter-headed paper stamped and signed.

    Alternatively we will furnish you with the text of what to type into your letter-headed paper, along with a breakdown explaining, comprehensively what we require of you. The business will take us thirty (30) working days to accomplish.

    Please reply urgently.

    Best regards,
    Larry Howgul Abul Arhu Page

    --
    You need a FREE iPod Nano
  18. Re:Dutch Auctions by Anonymous Coward · · Score: 1, Funny

    investors skinned... sheep

    Wouldn't that be "fleeced" not skinned, if you skin them, they are probably only good for one go-round.